24: PayWrecked: The People Who Took Their Paychecks in Crypto Regret It Now (w/ Quinn Myers)

Quinn Myers, author of the upcoming book Remember the Internet Vol. 3: Google Glass, joins Scam Economy to discuss his piece for MEL Magazine about the workers who decided to take their paychecks in crypto. Quinn and host Matt Binder discuss the different types of people who took part in this program, how Coinbase made it extremely easy for people to convert their hard-earned pay from this jobs into cryptocurrency automatically, just how much these people have lost since the crypto crash, the professional athletes who promoted the idea of taking a paycheck or getting paid directly in Bitcoin, Ethereum, Dogecoin, and other tokens, and more! We also touch on the breaking news about the DOJ charging three individuals in a Coinbase insider trading scheme and briefly discuss venture capitalist Marc Andreessen, who was a major Google Glass proponent and is now all aboard the Web3 train. Read Quinn's piece here: https://melmagazine.com/en-us/story/crypto-direct-deposit Check out Scam Economy: http://www.ScamEconomy.com Support the show: http://www.patreon.com/mattbinder